Future Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
RBOB GASOLINE Dec 2021 (NYMEX:RB.Z21)
Strong Uptrend (+100) - RB.Z21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RB.Z21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RB.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RB.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RB.Z21
The long-term trend has been UP since Nov 24th, 2020 at 1.2523
The intermediate-term trend has been UP since Nov 11th, 2020 at 1.2040
The short-term trend has been UP since Mar 4th, 2021 at 1.6465
Smart Scan Analysis for RB.Z21
Based on our trend formula, RB.Z21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).